Sweett Group wins £81m Hong Kong retirement home

Sweett Group has won a contract to provide cost management services on a £81m Hong Kong retirement home development.

The project will comprise of 1,500 dwellings in the North Point area of Hong Kong Island.

The development is being delivered in two stages. The first at Tanner Hill will comprise of three 30-storey high-rise towers with a total of over 500 dwellings, to be completed during 2015.

The second stage, at Tin Shui Wan, will deliver a further 1,000 dwellings by 2016.

Jill Kennedy, project director at Sweett Group, said: “We are very pleased to be involved in this one of a kind scheme.

“What sets this project apart from others is its pricing structure, which takes into account a resident’s age and requirements to provide a high level of standard and service - all in one convenient location and at a fixed cost.”

C.F. Wong, director at Sweett Group in Hong Kong said: “The Tanner Hill and Tin Shui Wan developments are setting a standard for the provision of retirement living in Hong Kong, a city that is expected to see significant demographic shift over the next 20 years.”